HOUSE AMENDMENT

    560-216AX-06                                   Bill No. HB 885

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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10                                                                

11  Representative(s) Lynn offered the following:

12

13         Amendment (with title amendment) 

14  Remove from the bill:  Everything after the enacting clause

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16  and insert in lieu thereof:

17         Section 1.  Paragraph (b) of subsection (1) of section

18  121.055, Florida Statutes, 1998 Supplement, is amended to

19  read:

20         121.055  Senior Management Service Class.--There is

21  hereby established a separate class of membership within the

22  Florida Retirement System to be known as the "Senior

23  Management Service Class," which shall become effective

24  February 1, 1987.

25         (1)

26         (b)1.  Except as provided in subparagraph 2., effective

27  January 1, 1990, participation in the Senior Management

28  Service Class shall be compulsory for the president of each

29  community college, the manager of each participating city or

30  county, and all appointed district school superintendents.

31  Effective January 1, 1994, additional positions may be

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    File original & 9 copies    04/21/99
    hbd0005                     11:02 am         00885-0027-121433




                                                   HOUSE AMENDMENT

    560-216AX-06                                   Bill No. HB 885

    Amendment No.     (for drafter's use only)





 1  designated for inclusion in the Senior Management Service

 2  Class of the Florida Retirement System, provided that:

 3         a.  Positions to be included in the class shall be

 4  designated by the local agency employer.  Notice of intent to

 5  designate positions for inclusion in the class shall be

 6  published once a week for 2 consecutive weeks in a newspaper

 7  of general circulation published in the county or counties

 8  affected, as provided in chapter 50.

 9         b.  One nonelective full-time position may be

10  designated for each local agency employer reporting to the

11  Division of Retirement; for local agencies with 100 or more

12  regularly established positions, additional nonelective

13  full-time positions may be designated, not to exceed 1 percent

14  of the regularly established positions within the agency.

15         c.  Each position added to the class must be a

16  managerial or policymaking position filled by an employee who

17  is not subject to continuing contract and serves at the

18  pleasure of the local agency employer without civil service

19  protection, and who:

20         (I)  Heads an organizational unit; or

21         (II)  Has responsibility to effect or recommend

22  personnel, budget, expenditure, or policy decisions in his or

23  her areas of responsibility.

24         2.  In lieu of participation in the Senior Management

25  Service Class, members of the Senior Management Service Class

26  pursuant to the provisions of subparagraph 1. may withdraw

27  from the Florida Retirement System altogether and participate

28  in a lifetime monthly annuity program which may be provided by

29  the employing agency.  The cost to the employer for such

30  annuity shall equal the normal cost portion of the

31  contributions required in the Senior Management Service Class.

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    File original & 9 copies    04/21/99
    hbd0005                     11:02 am         00885-0027-121433




                                                   HOUSE AMENDMENT

    560-216AX-06                                   Bill No. HB 885

    Amendment No.     (for drafter's use only)





 1  The employer providing such annuity shall contribute an

 2  additional amount to the Florida Retirement System Trust Fund

 3  equal to the unfunded actuarial accrued liability portion of

 4  the Senior Management Service Class contribution rate. The

 5  decision to withdraw from the Florida Retirement System

 6  participate in such local government annuity shall be

 7  irrevocable for as long as the employee holds such a position

 8  eligible for the annuity.  Any service creditable under the

 9  Senior Management Service Class shall be retained after the

10  member withdraws from the Florida Retirement System; however,

11  additional service credit in the Senior Management Service

12  Class shall not be earned after such withdrawal.  Such members

13  shall not be eligible to participate in the Senior Management

14  Service Optional Annuity Program.

15         Section 2.  This act shall take effect July 1, 1999.

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18  ================ T I T L E   A M E N D M E N T ===============

19  And the title is amended as follows:

20  remove from the title of the bill:  the entire title

21

22  and insert in lieu thereof:

23                      A bill to be entitled

24         An act relating to the Florida Retirement

25         System; amending s. 121.055, F.S.; revising

26         provisions with respect to the Senior

27         Management Service Class to permit certain

28         local government senior managers to withdraw

29         from the Florida Retirement System altogether;

30         providing for matters relative thereto;

31         providing an effective date.

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    File original & 9 copies    04/21/99
    hbd0005                     11:02 am         00885-0027-121433